Applied Digital stock slumps 10% on wider-than-anticipated quarterly loss
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Applied Blockchain Inc (APLD) PT Lowered to $10 at Roth/MKM
August 29, 2024 5:42 AM EDTRoth/MKM analyst Darrem Aftahi lowered the price target on Applied Blockchain Inc (NASDAQ: APLD) to $10.00 (from $11.00) while maintaining a Buy rating.
The analyst comments "4Q revenue was in line, but larger losses were driven by higher GPU depreciation and HPC... More
Applied Digital (APLD) Misses Q4 EPS by 15c
August 28, 2024 4:35 PM EDTApplied Digital (NASDAQ: APLD) reported Q4 EPS of ($0.36), $0.15 worse than the analyst estimate of ($0.21). Revenue for the quarter came in at $43.7 million versus the consensus estimate of $35.96 million.
For earnings history and earnings-related data on Applied Digital (APLD) click here.
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